📉 What is the "Death Cross" in technical analysis?
The "Death Cross" is a chart pattern that appears when the short-term moving average
👈(such as 50 days) falls below the long-term moving average
👈(such as 200 days), which is considered a signal of a shift in momentum from bullish to bearish.
🔻 It is often viewed as a warning of the potential continuation of price declines and has previously appeared before significant market downturns during historical periods.
⚠️ However, it is not considered a definitive indicator on its own; it is preferable to use it alongside other indicators to enhance the accuracy of the analysis.
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